ZPR5.DE vs. SPYM.DE
ZPR5.DE (SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF) and SPYM.DE (SPDR MSCI Emerging Markets UCITS ETF) are both exchange-traded funds - ZPR5.DE is a Emerging Markets Bonds fund tracking the ICE BofA Emerging Markets USD Government Bond 0-5 ex-144a, while SPYM.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets. Both are passively managed. Over the past 10 years, ZPR5.DE returned 2.25%/yr vs 9.90%/yr for SPYM.DE. At a 0.22 correlation, their price movements are largely independent. ZPR5.DE charges 0.42%/yr vs 0.18%/yr for SPYM.DE.
Performance
ZPR5.DE vs. SPYM.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ZPR5.DE achieves a 2.14% return, which is significantly lower than SPYM.DE's 27.39% return. Over the past 10 years, ZPR5.DE has underperformed SPYM.DE with an annualized return of 2.25%, while SPYM.DE has yielded a comparatively higher 9.90% annualized return.
ZPR5.DE
- 1D
- -0.10%
- 1M
- 0.89%
- YTD
- 2.14%
- 6M
- 1.74%
- 1Y
- 3.56%
- 3Y*
- 3.25%
- 5Y*
- 3.18%
- 10Y*
- 2.25%
SPYM.DE
- 1D
- -1.63%
- 1M
- 6.11%
- YTD
- 27.39%
- 6M
- 29.25%
- 1Y
- 50.03%
- 3Y*
- 21.15%
- 5Y*
- 8.45%
- 10Y*
- 9.90%
ZPR5.DE vs. SPYM.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ZPR5.DE SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF | 2.14% | -4.12% | 11.04% | 2.52% | -1.06% | 7.98% | -6.72% | 8.14% | 4.71% | -8.80% |
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 27.39% | 19.08% | 14.04% | 6.06% | -14.90% | 5.27% | 6.28% | 22.30% | -11.26% | 19.74% |
Correlation
The correlation between ZPR5.DE and SPYM.DE is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 17, 2014 | 0.22 |
The correlation between ZPR5.DE and SPYM.DE shifts across timeframes, from 0.07 (5 years) to 0.22 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZPR5.DE vs. SPYM.DE — Risk / Return Rank
ZPR5.DE
SPYM.DE
ZPR5.DE vs. SPYM.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF (ZPR5.DE) and SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| ZPR5.DE | SPYM.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.14 | ||
| Sortino ratioReturn per unit of downside risk | -2.71 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.50 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 4.80 | -3.69 |
| Martin ratioReturn relative to average drawdown | 2.73 | 17.28 | -14.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| ZPR5.DE | SPYM.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.65 | 2.79 | -2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.50 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.54 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.34 | +0.05 |
Drawdowns
ZPR5.DE vs. SPYM.DE - Drawdown Comparison
The maximum ZPR5.DE drawdown since its inception was -14.48%, smaller than the maximum SPYM.DE drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for ZPR5.DE and SPYM.DE.
Loading charts...
Drawdown Indicators
| ZPR5.DE | SPYM.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.48% | -36.28% | +21.80% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -10.38% | +7.17% |
Max Drawdown (3Y)Largest decline over 3 years | -9.72% | -18.96% | +9.24% |
Max Drawdown (5Y)Largest decline over 5 years | -9.92% | -23.86% | +13.94% |
Max Drawdown (10Y)Largest decline over 10 years | -14.48% | -31.69% | +17.21% |
Current DrawdownCurrent decline from peak | -4.28% | -2.74% | -1.54% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -9.95% | +5.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 2.89% | -1.59% |
Volatility
ZPR5.DE vs. SPYM.DE - Volatility Comparison
The current volatility for SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF (ZPR5.DE) is 0.96%, while SPDR MSCI Emerging Markets UCITS ETF (SPYM.DE) has a volatility of 7.34%. This indicates that ZPR5.DE experiences smaller price fluctuations and is considered to be less risky than SPYM.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ZPR5.DE | SPYM.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 7.34% | -6.38% |
Volatility (6M)Calculated over the trailing 6-month period | 3.56% | 15.16% | -11.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.43% | 17.87% | -12.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.04% | 16.78% | -9.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.20% | 18.40% | -11.20% |
ZPR5.DE vs. SPYM.DE - Expense Ratio Comparison
ZPR5.DE has a 0.42% expense ratio, which is higher than SPYM.DE's 0.18% expense ratio.
Dividends
ZPR5.DE vs. SPYM.DE - Dividend Comparison
ZPR5.DE's dividend yield for the trailing twelve months is around 4.83%, while SPYM.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPYM.DE SPDR MSCI Emerging Markets UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ZPR5.DE SPDR ICE BofA 0-5 Year EM USD Government Bond UCITS ETF | 4.83% | 5.10% | 4.16% | 3.16% | 2.54% | 2.63% | 3.53% | 3.34% | 2.73% | 3.18% | 2.72% | 1.83% |
Frequently Asked Questions
ZPR5.DE and SPYM.DE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SPYM.DE is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SPYM.DE is cheaper with a 0.18% expense ratio, compared with 0.42% for ZPR5.DE.
ZPR5.DE is categorized as Emerging Markets Bonds, while SPYM.DE is Emerging Markets Equities. ZPR5.DE tracks ICE BofA Emerging Markets USD Government Bond 0-5 ex-144a, while SPYM.DE tracks MSCI Emerging Markets. Their fees differ too: 0.42% for ZPR5.DE and 0.18% for SPYM.DE.
Find the right allocation for ZPR5.DE and SPYM.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer